Tough time for FOMC as foreign counterparts to ease
Oct 26, 2015 13:40 pm UTC| Insights & Views Central Banks
FOMC participants in spite of strong indication of intention to hike rates this year has been struggling to decide on appropriate time and now looking beyond to next year. Second quarter, June rate hike got hampered...
ECB set to unleash further monetary stimulus through hints on easing
Oct 26, 2015 13:24 pm UTC| Insights & Views Central Banks
The ECB chief Mario Draghi updated last weekend that the central bank is observing and evaluating new stimulus measures that could be unveiled as soon as December and is prepared to cut its deposit rate deeper into...
UK’s manufacturing loses steam, throws fresh doubts over BOE hawkish outlook
Oct 26, 2015 12:09 pm UTC| Insights & Views Central Banks
Bank of England (BOE) officials have remained positive over UKs economy, however survey by conference board saying otherwise. According to CBI, manufacturing growth has stalled due to weakness in both domestic and...
ECB's policy measures likely in Q1 16
Oct 26, 2015 10:37 am UTC| Commentary Central Banks
The ECB lending survey showed further improvement in lending standards and demand in the next three months for companies. This bodes well for further acceleration in lending flows, which have only just turned in positive...
PBoC to cut RRR by another 50 bps in Q4 2015
Oct 26, 2015 09:23 am UTC| Commentary Central Banks
Theoretically it does not make sense for China to maintain a stable currency amid monetary policy easing. Nonetheless, it appears that the PBoC still caps the upside of USD/CNY and USD/CNH via selling its foreign reserves,...
Dueling outlooks set to keep the Fed on hold in October
Oct 26, 2015 07:47 am UTC| Commentary Central Banks
US domestic demand strength is likely to bolster confidence in the outlook for those FOMC members who think a healthy consumer and falling unemployment justify a modest rise in interest rates by year-end. However,...
ECB worries on euro area's growth and inflation outlooks
Oct 26, 2015 07:37 am UTC| Commentary Central Banks
In its October press conference, the ECB reiterated the downside risks it highlighted in September regarding both the outlook for growth and inflation. In particular, it called for a thorough examination of the strength...